.SECGov is reportedly looking to make it harder for crypto firms to become 'qualified custodians' and effectively make it harder for hedge funds and private equity funds to work with crypto companies. By parikshitm899.
The SEC would make it harder for crypto firms to be “qualified custodians" or companies that hold client assets for money managers, Bloomberg reported, citing people
familiar with the matter.and its BUSD stablecoin. The crypto industry has been reeling from the collapse of crypto exchange FTX, which has drawn the ire of global regulators.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bath & Body Works adds new director after hedge fund pushes for changesThe appointment comes weeks after Third Point, which owns a 6% stake in the company, hinted it might push for board seats.
Read more »
SEC to target crypto firms operating as 'qualified custodians' — ReportFive members of the U.S. SEC will soon vote on a proposal which may impact what crypto offerings crypto firms can offer to their clients. The proposal comes as the SEC continues to deliberate on what should constitute a “qualified custodian.”
Read more »
Former SEC Official Reacts to PayPal’s Decision to Ditch Its StablecoinAn ex-SEC official says it was “blatantly obvious” for PayPal to ditch its stablecoin
Read more »
House Republicans Demand Answers From SEC Over FTX Co-Founder's Arrest – Bitcoin NewsThe letter asserts that the timing of Sam Bankman-Fried's charges and arrest raises “serious questions about the SEC's process.'
Read more »
Breaking: Paxos to face SEC lawsuit over Binance USD — ReportThe Securities and Exchange Commission has alleged that Binance USD is an unregistered security, and is planning to sue Paxos over the issuing or listing of the coin.
Read more »
SEC plans to sue crypto firm Paxos over Binance tokenThe Securities and Exchange Commission has told crypto firm Paxos Trust Co. that it plans to sue the company for violating investor protection laws,...
Read more »